Tags
GOP, Housing Crisis, Labor unions, obama, Progressivism, Propaganda, Republican Party, Senate, Tax Credit, Tax Increases, UNEMPLOYMENT, Unions
Translation: Obama really wanted to bully billions if not trillions more out of BP for his own agenda but failed fearing that if he came off as too greedy and demanding, he would expose his hand. So if Obama fails AGAIN, it is not because he is incompetent, experienced and incapable of feigning even the slightest bit of concern and humanity for those he swore to serve, it’s has to be the fault of GWB and Republicans.
More abhorrent than the overplayed lame excuses is the fact that Obama supporters really put their undying faith in their messiah, his mendacity and B.S. rhetoric.
Of course, Obama failed to mention that the $140 billion tax extender and unemployment bill would raise the budget deficit by $79 billion to $80 billion over a decade.
Instead, Obama tells his supporters:
” Obama said the stalled Senate bill would extend unemployment benefits to workers without jobs and a tax credit for first-time homebuyers. He also said the legislation would save thousands of jobs across the country.
Unfortunately, the Republican leadership in the Senate won’t even allow this legislation to come up for a vote,’ the president said in his weekly radio and Internet address. ‘And if this obstruction continues, unemployed Americans will see their benefits stop. Teachers and firefighters will lose their jobs. Families will pay more for their first home.
Republicans, Obama said, are hurting the country and the economy by refusing to let the legislation move forward. He said the bill meant to hasten the economy recovery and lift the $75 million oil spill limit deserved a vote.”
Obama also failed to mention that Sen. John Thune, R-S.D. introduced a Republican version of the bill as an amendment last week that could influence the final legislation. .
“Thune claimed his amendment is fully paid for, and would reduce the deficit by $55 billion, according to the Congressional Budget Office. His amendment would extend the expiring unemployment provisions until November and extend $32 billion in expired tax provisions that lapsed at the end of 2009, including the tax credit for research and development and the state and local sales tax deduction through the end of the year.
The Thune amendment would drop many of the controversial tax increases, along with $24 billion in aid to states. However, it would also rescind $38 billion in ‘unobligated’ stimulus funds, collect the unpaid taxes of federal employees, freeze federal employees’ salaries and cap their numbers, impose a 5 percent across-the-board cut in government spending for all agencies except Veterans Affairs and the Department of Defense, and create a new deficit-reduction trust fund in which rescinded balances and moneys saved through the amendment would be deposited for the purposes of paying down the federal debt.”
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